IBM Earnings
International Business Machines Corporation next reports earnings on October 21, 2026. Track record: 3/4 beats.
Next Earnings In
Wednesday, October 21, 2026
Current Price
$248.37
EPS Estimate
Earnings Per Share
$2.89
+9.0% YoY
Trailing EPS
Last 12 months earnings
$11.26
Beat Rate
3/4
75%Forward P/E
Price-to-Earnings ratio
18.9
Margin: 15.5%
Analyst Rating
23 analysts
Analyst Sentiment
Buy23 analystsTrading above average target while rated "Buy." Price may have rallied faster than analysts updated targets.
Earnings History
| Quarter | EPS Est. | EPS Actual | Surprise | Result |
|---|---|---|---|---|
| 2026-06-30 | $2.93 | $2.93 | -0.1% | Miss |
| 2026-03-31 | $1.81 | $1.91 | +5.5% | Beat |
| 2025-12-31 | $4.29 | $4.52 | +5.3% | Beat |
| 2025-09-30 | $2.45 | $2.65 | +8.3% | Beat |
Growth Estimates
| Period | EPS Est. | Revenue Est. | Growth |
|---|---|---|---|
| Current Qtr(0q) | $2.89 | $16.8B | +9.0% |
| Next Qtr(+1q) | $4.60 | $20.5B | +1.8% |
| Current Year(0y) | $12.32 | $70.4B | +6.3% |
| Next Year(+1y) | $13.16 | $73.2B | +6.8% |
Next Quarter Estimates
EPS Estimate
Earnings Per Share
$2.89
Revenue Estimate
$16.8B
Annual EPS Est.
$12.32
+6.3% YoY
IBM Earnings FAQ
When is IBM's next earnings date?
International Business Machines Corporation (IBM) is expected to report earnings on October 21, 2026. The consensus EPS estimate is $2.89.
Does IBM usually beat earnings estimates?
International Business Machines Corporation has beaten Wall Street EPS estimates in 3 of the last 4 quarters (75% beat rate).
What is IBM's trailing EPS?
International Business Machines Corporation's trailing twelve-month EPS is $11.26. This is calculated from the last four quarters of reported earnings.
What do analysts think about IBM?
23 Wall Street analysts cover International Business Machines Corporation. The consensus rating is "Buy" with an average price target of $245.35, implying 1.2% downside from the current price.